Stocks

Meta Platforms may fall to 451.00 - 457.00

2024-08-01

Pivot

476.00

Our preference

Short positions below 476.00 with targets at 457.00 & 451.00 in extension.

Alternative scenario

Above 476.00 look for further upside with 486.00 & 495.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

495.00

486.00

476.00

473.88 Last

457.00

451.00

442.00

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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